Bank of Maharashtra reported a 23.09 per cent YoY profit growth in the second quarter of the financial year 2026. The bank reported a net profit of Rs 1,633 crore in Q2 FY26, against a profit of Rs 1,326 crore in Q2 FY25.
The bank reported a 15.71 per cent YoY growth in Net Interest income in the quarter. Its Net Interest Income in Q2 FY26 stood at Rs 3,248 crore, while the NII in the corresponding quarter of last fiscal year was Rs 2,807 crore.
Bank of Maharashtra’s total income grew by 14.20 per cent in the quarter to Rs 5,63,909 crore. Its cost to cost-to-income ratio improved to 37.10 per cent in Q2FY26 as against 38.81 per cent in Q2FY25.
Assets and liabilities
Bank of Maharashtra’s Net NPA declined to 0.18 per cent YoY in Q2 FY26, against 1.74 per cent at the end of the same quarter of the previous fiscal year.
The Bank’s total deposits increased by 12.13 per cent on a year-over-year (Y-o-Y) basis to Rs 3,09,791 crore. Gross Advances grew by 16.83 per cent on a Y-o-Y basis to Rs 2,54,118 crore.